Machins Solicitors LLP
Leading Solicitors in Bedfordshire, Hertfordshire & Buckinghamshire
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House prices in the UK rose by more than 8% over the last year

Posted: 21st July 2016   In: Residential Conveyancing

House prices across the UK rose by 8.2% in the year to April, bringing the value of an average property to £209,054.

On a monthly basis, prices rose by an average 0.6% between March and April.

Looking at England alone, there was annual price increase of 9.1%, which takes the average property value to £224,731. Monthly house prices rose by 0.7% between March and April this year.

Wales showed an annual price increase of 1.7%, which takes the average property value to £139,385. However, prices fell by 1.9% between March and April.

The regional data indicates that:

The House Price Index data is provided by the Land Registry.

Please contact Dipak Odedra or Shyam Patel if you would like advice about the legal aspects of buying or selling a home.

 

Posted by: Dipak Odedra
Residential Conveyancing
Berkhamsted Office